Bharat Electronics Ltd.

BSE: 500049 | NSE: BEL
Large Cap | Defence
410.15
-7.75 (-1.85%)
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Bharat Electronics registers turnover of Rs 6,010 crore in FY13

Date: 02-04-2013

Bharat Electronics (BEL) has registered a turnover of Rs 6,010 crore (provisional) for the last fiscal with a growth of 5% over Rs 5,704 crore turnover during 2011-12. It achieved exports of $35 million. With a healthy order book of around Rs 25,000 crore, the company is all set to continue its good run in the next financial year.

During the fiscal 2012-13, the company has launched 10 new products in the areas of Radar & Fire Control, Sonars, Electronic Warfare, Communication, Tank Electronics and Electro Optics. Some of the significant orders executed during the year include Akash Weapon System, Radar and Fire Control Systems, National Command Control Communication & Intelligence (NC3I), National Population Register (NPR) and Passive Night Vision Devices.

Bharat Electronics was set up at Bangalore by the Government of India under the Ministry of Defence in 1954 to meet the specialized electronic needs of the Indian defence services. Over the years, it has grown into a multi-product, multi-technology, multi-unit company serving the needs of customers in diverse fields in India and abroad.